The company has declared an interim dividend of ₹8.5 per share compared to ₹7.5 per share of interim dividend declared last fiscal year.
Synopsis
The revenues for the quarter grew nearly 10% while the net profit rose 16.5%. Both the domestic and US markets reported double-digit growth in revenues. The operating margin (Ebitda margin) rose 140 bps to 28.1%. The company has been charting a strong growth trajectory in recent quarters leading to the stock gaining almost 40% in the past one year.
ET Intelligence Group: Surging nearly 5%, the Sun Pharma stock hit a record high of ₹1,438.5 on Wednesday ahead of the company announcing its third-quarter earnings. The stock closed 3.4% higher following a strong performance posted by India’s largest pharma company.The revenues for the quarter grew nearly 10% while the net profit rose 16.5%. Both the domestic and US markets reported double-digit growth in revenues. The operating margin (Ebitda
BY
ET Bureau
3 mins read, Last Updated:
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